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JUNE 27; JULY 24, 25; OCTOBER 9, 10, 16, 17, AND 18, 1979

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SUBCOMMITTEE ON FINANCIAL INSTITUTIONS SUPERVISION, REGULATION
AND INSURANCE

FERNAND J. ST GERMAIN, Rhode Island, Chairman

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Arnold, Alan C., executive vice president, Howard, Weil, Labouisse, Fried-
richs, Inc., New Orleans, La__-
Arnspiger, S. D., first vice president and comanager, Municipal Bond Divi-
sion, Underwood Neuhaus & Co., Inc., Houston, Tex---

Bankers Association Panel, consisting of, George A. LeMaistre, professor of

law and professor of banking, University of Alabama, Tuscaloosa, Ala.;

Donald T. Senterfitt, attorney at law and chairman of the executive

committee, Sun Banks of Florida, Orlando, Fla.; John C. H. Miller, Jr.,

attorney at law and director of Exchange National Bank of Birmingham,

Ala.; John Milstead, executive vice president, Florida Bankers Associa-

tion, Orlando, Fla.; B. G. Montgomery, executive vice president, First

City National Bank of Houston, Houston, Tex.; Hugh Z. Graham, senior

vice president, Director of Trust, South Carolina National Bank, Colum-

bia, S.C.; and C. Robert Brenton, president, Brenton Banks, Inc., chair-

man, Iowa Bankers Association, Federal Legislative Committee, Des

Moines, Iowa____

Bernardi, Roy, city auditor, Syracuse, N.Y_

Boehm, Frederick L., senior vice president, American Bankers Insurance

Co. of Florida, senior vice president, American Bankers Life Assurance

Co. of Florida_.

Brenton, C. Robert, president, Brenton Banks, Inc., chairman, Federal legis-

lative committee, Iowa Bankers Association, Des Moines, Iowa, accom-

panied by Neil Milner, executive vice president of the association_____

Browne, Donald T., vice president, First National Holding Corp., Atlanta,

Ga., on behalf of the Association of Bank Holding Companies, accom-

panied by Robert B. Burns, president, Union Securities Co., Spokane,

Wash

Browne, James M., member, Executive Committee, National Consumer

Finance Association, and president, Financeamerica Corp., accompanied

by William J. Fenza, Jr., senior vice president and general counsel,

Financeamerica Corp---

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Carder, James, director, division of accounting, department of administra-
tion, Jefferson City, Mo.; on behalf of the National Governors Associa-
tion

Carswell, Hon. Robert, Deputy Secretary of the Treasury.
Crandall, Richard L., president, Comshare, Inc., on behalf of the Associa-
tion of Data Processing Service Organizations, Inc., accompanied by
Jerome L. Dreyer, executive vice president, and P. Michael Nugent,
staff attorney..

Davis, Irvin R., director of finance, Philadelphia, Pa., accompanied by
Robert L. Greenberg, first deputy director of finance and acting city
treasurer

Donahue, John F., Jr., Chairman of the Board, A. G. Becker, Inc., accom-
panied by Richard C. Yancey, managing director, Dillon Read & Co.,
Inc.; on behalf of Securities Industry Association_.
Downey, Robert N., chairman, municipal finance committee, Securities
Industry Association____

Fink, Matthew P., general counsel, Investment Co. Institute...
Ford, Richard F., president, First National Bank, St. Louis, Mo., and
member of the Governing Council of the American Bankers Association__
Fugate, Ivan D., chairman, Federal Legislation Committee, Independent
Bankers Association of America, and chairman of the Board and presi-
dent, Western National Bank, Denver, Colo., accompanied by James E.
Thielke, partner, Peat, Marwick & Mitchell & Co., Oklahoma City, Okla.;
Robert E. Sipple, senior vice president, American National Bank & Trust
Co., St. Paul, Minn.; and John J. Kendrick, Jr., attorney, Hewitt, John-
son, Swanson & Barbee, Dallas, Tex-----

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682

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503

186

Gilman, Hon. Benjamin A., a Representative in Congress from the State of New York..

449

Gonzalez, Hon. Henry B., a Representative in Congress from the State of Texas

664

Graham, Hugh Z., senior vice president, director of trust, South Carolina
National Bank, Columbia, S.C...

1255

Guthman, Richard, council member, Atlanta, Ga., on behalf of the National
League of Cities_

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Hanna, Hon. William, mayor, Rockville, Md., on behalf of the U.S. Conference of Mayors___

Hemphill, William L., president, Mortgage Insurance Companies of Amer-
ica

Hodgkins, Ralph L., Jr., president and chief executive officer, Mid-Maine
Mutual Savings Bank, Auburn, Maine, on behalf of the National Asso-
ciation of Mutual Savings Bank (NAMSB), accompanied by James J.
Butera, associate director____

Hope, C. C., Jr., vice chairman of the board, First Union National Bank,
Charlotte, N.C., and president-elect, American Bankers Association; and
Lee E. Gunderson, president, Bank of Osceola, Osceola, Wis_-_-_
Kaufman, Dr. George G., John Rogers, professor of banking and finance,
and director, Center for Capital Market Research, University of Oregon..
Kauper, Thomas E., professor of law, University of Michigan School of
Law

Kendrick, John J., attorney, Hewett, Johnson, Swanson & Barbee, Dallas,
Tex-..

Kremer, Edward J., chairman, Federal Affiars Committee, Independent
Insurance Agents of America (HAA), accompanied by Thomas E. Wilson,
Counsel to HAA; Edward J. Schmuck, counsel for six life insurance com-
panies; Edward H. Akin, Chairman, Federal Legislation Committee,
Professional Insurance Agents; Joel Shapiro, chairman, Committee on
Federal Law and Legislation, National Association of Life Underwriters;
and Dr. Emmett J. Vaughan, consultant to HAA....

LeMaistre, George A., professor of law and banking, University of Alabama,
Tuscaloosa, Ala

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Martin, Robert, executive vice president, Dain, Kalman & Quail, Minneapolis, Minn..-

686

Mavroules, Hon. Nicholas, a Representative in Congress from the State of
Massachusetts

452

Melton, Hon. Buckner F., mayor, city of Macon, Ga......

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Miller, John C. H., Jr., attorney at law, and director of Exchange National
Bank of Birmingham, Ala---

Mineta, Hon. Norman Y., a Representative in Congress from the State of
California

Montgomery, B. G., executive vice president, First City National Bank of
Houston, Houston, Tex___

Page

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447

1256

Mussa, Dr. Michael, associate professor of economics, Graduate School of
Business, University of Chicago_.

715

O'Brien, Edward I., president, Securities Industry Association_.
Odom, Lewis G., Jr., Senior Deputy Comptroller of the Currency-
Oppenheimer, Richard, president, Wells Fargo Leasing Co., accompanied
by Charles Greenberg--.

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Partee, Hon. J. Charles, member, Board of Governors of the Federal Re-
serve System__

Payne, Carl, executive director, Pennsylvania Housing Finance Agency.
Perko, James, Washington Public Power Supply System, Richland, Wash.,
on behalf of the American Public Power Association__.
Peterson, John__

Phillips, Dr. Almarin, professor of economics, law, and public policy, Uni-
versity of Pennsylvania___

Radford, Rowland A., senior vice president, the Robinson-Humphrey Co.,
Inc., Atlanta, Ga----

Reynolds, William J., town comptroller, Greenwich, Conn., on behalf of the
Municipal Finance Officers Association and the Association of State Audi-
tors, Comptrollers, and Treasurers_.
Robinson, E. B., Jr., president, Dealer Bank Association, and executive vice
president, Deposit Guaranty National Bank, Jackson, Miss., accompanied
by Dick Kezer, senior vice president, Citibank, New York, N.Y‒‒‒‒‒‒
Senterfitt, Donald T., attorney at law and chairman of the executive com-
mittee, Sun Banks of Florida, Orlando, Fla.
Silver, David, president, Investment Co. Institute__
Sipple, Robert E., senior vice president, American National Bank & Trust
Co., St. Paul, Minn__-

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478

1250

726

248

Smith, James L., senior vice president of Security Pacific National Bank,
Los Angeles, Calif., on behalf of Consumer Bankers Association_.
Spellman, Hon. Gladys Noon, a Representative in Congress from the State
of Maryland.

807

443

Thielke, James E., partner, Peat, Marwick, Mitchell & Co., Oklahoma City,
Okla.

230

Tucker, Irvin "Tommy," member, Legislative Committee, National Association of Realtors, accompanied by Albert E. Abrahams, senior vice president, Government Affairs__

Vaughan, Dr. Emmett J., Partington professor of insurance, University of
Iowa

Williams, Hon. Harold M., Chairman, Securities and Exchange Commis-
sion

Yancey, Richard C., managing director, Dillon-Read & Co., on behalf of the
Securities Industry Association__

ADDITIONAL MATERIAL SUBMITTED FOR INCLUSION IN THE RECORD Akin, Edward H., prepared statement on behalf of the National Association of Professional Insurance Agents (PIA).

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Allen, Grover N., director, Mississippi State Bond Advisory Division, statement on H.R. 1539__.

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"The Role of Insurance on Bank Holding Company Activities," position

paper

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